No, I think EVERYONE in Mortgage Banking learned that giving anyone with a pulse a mortgage was not a good idea for the borrowers, lenders, the housing market, and the world economy.
You can see how far the pendulum of easy credit has swung from 2005-8 to today. Higher fico's higher down payments real underwriting.
You'll love this one, Jog, from Senator Elizabeth Warren: "It's going to take an ALL HANDS GOVERNMENT APPROACH to bring down housing costs!"
And she gets really excited when she says it!
She said "evil corporate landlords" at least 1/2 dozen times.
She's fighting for us Jog!
The 180 degree approach to American Housing between the two parties in Congress is amazing, one side says Gubmint is the solution, the other free markets!